Question

What interest rates do savings

accounts offer?
A. Average interest rates
B. No interest rates
C. Migh interest rates
D. Low interest rates

Answer 1

Savings accounts generally offer low interest rates.

Step-by-step explanation:

Savings accounts typically offer low interest rates. The purpose of a savings account is to allow individuals to safely store their money while still earning some interest on their balance. However, the interest rates on savings accounts are usually lower than other types of investments or financial products.

Learn more about Interest rates on savings accounts